Fire Resistant Fabrics Market Set for Rapid Growth and Trend by 2023 by top key players like E.I. DuPont De Nemours and Company Kaneka Corporation


Posted June 17, 2019 by Rishab

Fire Resistant Fabrics Industry | 2019 Market Size, Trends, Growth and Forecasts Analysis Report
 
“Global Fire Resistant Fabrics Market Forecast to 2023”, which carefully examines several vital factors such as market share, market revenue, market dynamics and competitive scenario active in the target market for the period between 2019 and 2023.

Fire Resistant Fabrics Market Overview :

The global fire resistant fabrics is a lucrative market and are expected to grow at a considerable CAGR over the review period. Fire resistant fabrics are a class of textiles that are designed to withstand heat and resist burning. The growing regulation on work safety coupled with the increasing adoption in the industrial sector are the major factors driving the global fire resistant fabrics market. Fire resistant fabrics are extensively used in various end-use industries such as building and construction, oil and gas, firefighting, and military & defense among others. However, volatile raw material cost along with the high production cost may hamper the market growth over the assessment period. Furthermore, the development of environment-friendly fire resistant fabrics, with low toxicity, and smoke, is anticipated to be the major opportunity to investment over the forecast years.

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Fire Resistant Fabrics Industry Key Players :

E.I. DuPont De Nemours and Company
Kaneka Corporation
PBI Performance Products Inc
Royal TenCate N.V.
Teijin Ltd.
Westex By Milliken
Gun EI Chemical Industry Co., Ltd.
Huntsman Corporation
Lenzing AG
Solvay S.A
Fire Resistant Fabrics Segmental Analysis :


The global fire resistant fabrics market is segmented into type, application, and end-user. On the basis of the type, the market is segregated into treated fire resistant fabrics, inherent fire resistant fabrics. The market for the application, the market is categorized into apparel and non-apparel. The market by the end use industry is further segregated into oil & gas, building & construction, defense and public safety, transportation, and others.

Fire Resistant Fabrics Market Regional Analysis :


The fire resistant fabrics market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major share of the market and is expected to be the fastest growing region with an encouraging CAGR. Growing urbanization and the globalization in the developing nations are primarily driving the growth of the fire resistant fabrics market. Moreover, the burgeoning construction and the oil and gas industry in countries, such as India and China, is increasing the demand for fire resistant fabrics which, in turn, is propelling the market growth.

North America is another dominant region in the global market, exhibiting a high CAGR. The growing adoption of fire-resistant fabrics in the developed end-user industries is substantially driving the growth of the market. Moreover, the growing oil and gas activities in the region coupled with developed transportation sector is further adding to the growth. The growing technological advancements in the region and the increasing research & development activities for the production of environment-friendly fire resistant fabrics are anticipated to positively affect the market growth.

Report Summary @ https://www.marketresearchfuture.com/reports/fire-resistant-fabrics-market-5448

Intended Audiences:

Fire resistant fabrics market manufacturers
Traders and Distributors of fire-resistant fabrics market
Production process industries
Potential investors
Raw material supplier
Nationalized laboratory
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Categories Business , Marketing
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Last Updated June 17, 2019